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Penny Roger$ Free

11/11/13 10:42 AM

Post #279

Re: #278: @TheFinalCD - 1yr chart looks insane ABFS

THEY ARE ALL OVER THE ROAD! GO ABFS!

TheFinalCD PremiumMember

11/11/13 7:56 AM

Post #278

Re: #101: @Penny Roger$ - ~ Friday! $ABFS ~ Q1 Earnings posted, pending

1yr chart looks insane ABFS

jjevans1

10/28/13 11:02 AM

Post #277

Re: #276: @driller4oil - ABF Freight System, Inc. (“ABF”), the largest subsidiary

Glad they are avoiding a strike.

driller4oil Free

10/28/13 7:15 AM

Post #276

ABF Freight System, Inc. (“ABF”), the largest subsidiary of Arkansas Best Corporation (Nasdaq: ABFS), is providing an update on the most recent information related to ABF’s contract with the Teamsters (“IBT”). ABF and the IBT have agreed to another extension of ABF’s current labor contract through November 2, 2013. A copy of the update is furnished as an exhibit to this Report on Form 8-K.
Apparently there was a vote to strike. Looks like ABF is buying enough time to give the Teamsters what they want.

jjevans1

10/18/13 6:43 PM

Post #275

Re: #274: @Smitty876 - what are the possibilities of this continuing to

I've been wondering the same the thing. Wonder what's the recent stimulation? Profits made in the last quarter?

Smitty876

10/18/13 3:52 PM

Post #274

what are the possibilities of this continuing to increase ?

driller4oil Free

10/14/13 2:50 PM

Post #273

A qualified executive board running this company? Really? I have many doubts.

driller4oil Free

10/14/13 2:41 PM

Post #272

ABF Freight System’s $750 million lawsuit against the International Brotherhood of Teamsters and YRC Worldwide has again been rejected by a federal court.

The U.S. Court of Appeals for the Eighth Circuit affirmed a lower court ruling to dismiss the case, which had attempted to overturn YRC Worldwide’s wage-cutting agreements with the Teamsters union. It marks the third time the case has been dismissed. The lawsuit, which was first filed by ABF, No. 6 on JOC’s list of the Top 25 Less-Than-Truckload Carriers, in November 2010, was dismissed for a second time by U.S. District Court Judge Susan Webber Wright of the Eastern District of Arkansas, on Aug. 1, 2012.

“ABF is disappointed in the court’s ruling and the fact that YRC received three rounds of concessions from the IBT that ABF did not also receive,” the company said in a written statement. “ABF is assessing the opinion and determining whether to pursue additional options.”

Meanwhile, YRC Worldwide, No. 4 in JOC’s Top 50 Trucking Companies ranking, has applauded the ruling:

“We anticipated this outcome and are pleased with the court’s decision and supporting opinion,” said Michelle Friel, executive vice president, general counsel and secretary of YRC Worldwide, in a written statement.

driller4oil Free

10/14/13 2:07 PM

Post #271

The Teamsters union has mailed ballots to authorize a strike against ABF Freight System by its employees covered under the Central Region Local Cartage supplement. The comapny said it was notified of the mailing on Oct. 8.

The supplement is one of 27 to the ABF National Master Freight Agreement. After “many months” of negotiations between the two parties, a five-year contract deal was reached and ratified in June by the majority of ABF Teamster employees, according to ABF, No. 6 on JOC’s ranking of the Top 25 Less-Than-Truckload Carriers. Since then, 25 of 27 supplemental agreements have also been ratified. The two that remain are Western Office Part 5 and Central Region Local Cartage.

For Central Region Local Cartage employees, ABF has provided its “last, best and final offer,” the LTL company said. The Teamsters constitution provides a process in which its national negotiating committee conducts a strike authorization vote in the affected supplemental area only in order to establish whether the committee has the authority to conduct a strike.

ABF is encouraging employees covered by the Central Region Local Cartage supplement to vote “no” to the strike authorization and to “let their voices be heard by making sure they exercise their right to cast a ballot,” according to the company. ABF also said it is aware that the Teamsters have also encouraged its Central Region Local Cartage members to vote “no” to a strike in a letter they mailed to employees.

If a strike is nonetheless authorized by employees in Central Region Local Cartage and directed by the committee, there can be no strike before Oct. 29, which is the end of the expiration of the current contract extension, ABF said. ABF noted that it is preparing for this outcome.

Meanwhile, the company said concerns in the Western Office area “have been addressed,” and it is “hopeful” that ratification will occur in the short term following “minor, non-economic” modifications to that supplement.

driller4oil Free

10/14/13 2:00 PM

Post #270

Teamsters Send ABF Strike Authorization Ballots to Some Members

The Teamsters union notified ABF Freight System that strike authorization ballots are being sent Oct. 8 to workers covered by a Central Region supplemental agreement that has been voted down twice.

The so-called Central Region Cartage supplement was the largest of seven side agreements that were initially turned down when union members approved a five-year contract in June. The ballots are set to be counted Oct. 29.

The strike authorization vote is mandated by the union’s constitution after ABF presented its “last best and final offer” to win ratification of the Central Region supplement, the company said in a statement.

The contract, calling for an initial 7% wage reduction, can’t take effect until all side agreements are approved.

The prior contract has been extended since June to give negotiators time to resolve differences.

Five of the seven side agreements were approved after being renegotiated. The other side agreement that hasn’t been ratified covers Western Region office workers.

ABF said that “concerns in the Western office area have been addressed, and ABF is hopeful that ratification will occur in the short term.”

In the Central Region re-vote during August, 56% of members turned down the renegotiated deal.

“ABF is encouraging employees covered by the Central Region Local Cartage supplement to vote ‘no’ to the strike authorization and to let their voices be heard by making sure they exercise their right to cast a ballot,” said the company statement.

The union didn’t respond to requests for comment.

jjevans1

10/09/13 1:29 PM

Post #269

Re: #268: @zebralla - Maybe because of this?

Dang! I wondered what the heck was going on.

zebralla

10/08/13 1:21 PM

Post #268

Re: #267: @jjevans1 - Anybody know why the big downturn?

Maybe because of this?

http://www.sec.gov/Archives/edgar/data/894405/000110465913074422/a13-21930_1ex99d1.htm

jjevans1

10/07/13 9:40 PM

Post #267

Anybody know why the big downturn?

driller4oil Free

09/19/13 4:16 PM

Post #266

Re: #263: @STOCKSEEK - PS - If you don't own stock -

I didn't say I didn't own the stock. So far I'm over 150,000 in profit. Not bad for a transportation company.

driller4oil Free

09/19/13 4:13 PM

Post #265

Re: #264: @BuckeyeMike - I believe you also said the contract wasn't

Wrong again. I said it was a split decision and it was.
Just facts. Nothing personal.

BuckeyeMike Free

09/16/13 9:47 PM

Post #264

Re: #259: @driller4oil - You people are dreaming fairytales thinking YRC is

I believe you also said the contract wasn't going to happen and it did. You said you had take a "poll" and it wasn't going to happen and it did. Just facts. Nothing personal.

STOCKSEEK

09/16/13 4:48 PM

Post #263

Re: #261: @driller4oil - Apparently you know very little about this business.

PS - If you don't own stock - why exactly are you here again?

STOCKSEEK

09/16/13 4:47 PM

Post #262

Re: #261: @driller4oil - Apparently you know very little about this business.

Well thats good substantiation.... Thanks for your valued contributions and in backing up your statements.

This email clearly brings substantial validation to your comments.

Joker.

driller4oil Free

09/16/13 3:43 PM

Post #261

Re: #260: @STOCKSEEK - Lol - All I was asking for was

Apparently you know very little about this business. I'm no here to babysit.

STOCKSEEK

09/14/13 9:23 AM

Post #260

Re: #258: @driller4oil - Sorry to inform you. I do know exactly

Lol - All I was asking for was for you to substantiate the statement you made of which you fail to do then and are failing to do now.

If you are going to make claims about what can and cannot be done at least back them up.

Hoffa... Whatever.

driller4oil Free

09/14/13 8:47 AM

Post #259

You people are dreaming fairytales thinking YRC is going to acquire ABF. NOT GOING TO HAPPEN!

driller4oil Free

09/14/13 8:43 AM

Post #258

Re: #253: @STOCKSEEK - That's ridiculous never in my life have I

Sorry to inform you. I do know exactly what I'm talking about.

topdowg11

09/06/13 1:31 PM

Post #257

Re: #256: @topdowg11 - agreed abfs ceo,s response when welch made last

their is clearly someone behind the curtain backing yrcw,i believe who ever it is wants both,if true could be great for both stock holders both companies are so undervalued due to lawsuits its ridiculous!

topdowg11

09/06/13 1:23 PM

Post #256

Re: #255: @STOCKSEEK - No to be clear - I am responding

agreed abfs ceo,s response when welch made last offer was now is not the right time,she did not say no!and how was yrcw even able to make that offer!

STOCKSEEK

09/05/13 11:25 AM

Post #255

Re: #254: @robblob - Just to be clear, are you saying that

No to be clear - I am responding to the comment made that YRCW can not acquire anyone because of an agreement with Hoffa. That I do not believe is fact based and was looking for substantiation of that statement.

My bet is YRCW is now looking to acquire because it makes real sense in terms of further supporting the network optimization initiative.

I have no idea whether ABFS is a likely candidate other than I think it could be a very good fit and the comments made by both organizations leadership.

I wouldn't be surprised to see an acquisition soon based on those facts.

robblob

09/05/13 10:49 AM

Post #254

Re: #253: @STOCKSEEK - That's ridiculous never in my life have I

Just to be clear, are you saying that YRC is going to acquire ABF very soon? If so, what makes you think this? What makes you think YRC has the buying power to do this? You do know that they currently have over $1 bil in debt right? They also currently have a 15% wage concession that will elminate the small margin of profit that is/will be made when their current contract expires. Also, word on the street is YRC is already working with the IBT to get a contract extension. I have a feeling that will go over like a lead balloon with YRC drivers. I see a pretty nasty contract negotiating period in their near future.

STOCKSEEK

09/05/13 9:59 AM

Post #253

Re: #205: @driller4oil - One more time.....YRCW can't acquire or buy anything.

That's ridiculous never in my life have I seen a union agreement with that kind of provision in it. Please substantiate this comment. My bet it you will an acquisition very soon, makes sense to further enhance the payback on a network optimization initiative - re synergies would be significant.

AccipiterQ Free

09/04/13 11:08 AM

Post #252

Man this thing has been all over the place last few days. What's people's take? I'm thinking if it hits 27 I'm going to be exiting for a bit. It's a good thing I didn't set a stop loss here, I'd have gotten culled last week when it slid.

I-Man

09/04/13 8:00 AM

Post #251

Re: #205: @driller4oil - One more time.....YRCW can't acquire or buy anything.

Something going on in US trucking, as we just had 2 OTR drivers who lost their jobs last Monday when theyw ent to check in for new scheduels, and were told, the compnay they wroekd for was acquired quietly over weekend by another firm and all drivers were NOT being taken by the acquiring compnay, so all thsoe drivers are out of jobs, which two happen to be customers we just sigend work contracts with and now cannot do the projects due to losing their jobs without any warning!

robblob

09/03/13 10:32 AM

Post #250

Re: #249: @AccipiterQ - I'm so confused as to what his posts

I think he is talking about the lawsuit ABF had against the IBT for concessions awarded to YRC when they were on the brink of bankruptcy. The lawsuit has been appealed multiple times, but was dismissed this past Friday. If he is thinking that YRC will sue ABF for defamation, I think he will be very disappointed that it will not be worth more than ABF is worth, and that it would probably cost more money to pursue than the reward. I'm not a legal expert, but that's my take on it.

AccipiterQ Free

09/03/13 10:19 AM

Post #249

Re: #248: @robblob - Sued for what? Do you have any

I'm so confused as to what his posts are referring to. I thought he was posting on the wrong board, but he posted like 9 times, I had to delete a few of the more rambling posts.

robblob

09/03/13 9:52 AM

Post #248

Re: #240: @topdowg11 - abfs is about to be sued for more

Sued for what? Do you have any clue what you're talking about?

topdowg11

08/31/13 1:13 AM

Post #247

Re: #243: @AccipiterQ - did you just reply to yourself twice? This

no but it is still ok.

topdowg11

08/31/13 12:35 AM

Post #246

Re: #245: @topdowg11 - THE most terrible thing that could have happen

truth be told abfs is more valuble as a take over target both of these companies share price has suffered greatly,quit suing an unlock the value,no one wins if one goes under,period!

topdowg11

08/31/13 12:25 AM

Post #245

THE most terrible thing that could have happen to abfs was to approve concessions.the funny thing is welch scared them into it w/ his offer.never would have passed w/ out that offer.now court case is over,potential return suit for damages,abfs what you gonna do when they come for you!you cant have it both ways.

AccipiterQ Free

08/30/13 11:55 PM

Post #243

Re: #242: @topdowg11 - classic pump and dump give you guys a

did you just reply to yourself twice? This didn't hit 47.00......

topdowg11

08/30/13 9:35 PM

Post #242

classic pump and dump give you guys a 95% increase to 47.00 right before you get slammed in court new it wAS COMING!

topdowg11

08/30/13 9:14 PM

Post #240

Re: #239: @AccipiterQ - Whoah what happened here

abfs is about to be sued for more money than their company is worth shoe is now on the other foot !

AccipiterQ Free

08/30/13 11:24 AM

Post #239

Whoah what happened here

AccipiterQ Free

08/29/13 7:20 PM

Post #238

Really excited here, the drop off after the big spike wasn't that big and we're slowly building again. Great opportunity here!

AccipiterQ Free

08/26/13 10:58 AM

Post #237

Re: #235: @driller4oil - 37-42 should be a fair stock price at

Also, I thought it was 51 cents? I can't open anything, at work right now, so maybe I'm remembering wrong

AccipiterQ Free

08/26/13 10:40 AM

Post #236

Re: #235: @driller4oil - 37-42 should be a fair stock price at

True, didn't expect the movement would be so violent though

driller4oil Free

08/24/13 9:23 AM

Post #235

Re: #234: @AccipiterQ - anyone know why the movement?

37-42 should be a fair stock price at this time. Stock is undervalued.
There was a .60 cent per share swing in profit last quarter.

AccipiterQ Free

08/22/13 4:54 PM

Post #234

anyone know why the movement?

robblob

07/29/13 4:49 PM

Post #233

Re: #232: @driller4oil - My source tells me there is a discrepancy

Your source is wrong. The ABF NMFA is a done deal. It's a wrap. However, they are still voting on some supplemental contracts that didn't get passed.

driller4oil Free

07/29/13 3:30 PM

Post #232

Re: #229: @BuckeyeMike - Why would I be jealous and what would

My source tells me there is a discrepancy on the vote. From what I understand casual employees and the retired were sent ballots. Of course the retired and casual employees would vote “YES”.
If this is true, all will have to vote again.

driller4oil Free

07/09/13 1:11 PM

Post #231

Nothing but profit from here. 47 per share in the near future. 12-24 months.

driller4oil Free

07/08/13 8:02 PM

Post #230

Re: #229: @BuckeyeMike - Why would I be jealous and what would

Have a good day.

BuckeyeMike Free

07/08/13 5:03 PM

Post #229

Re: #226: @driller4oil - Please don't be jealous. I predicted it would

Why would I be jealous and what would I be jealous of? The consensus of everyone was that it was going to be close but you were posting that we didn't know the union very well and that UPS voted theirs down with no concessions, etc. Whatever. I'm not the one gloating. You were the one taking credit and gloating when you were more wrong that right. I'm sure you know a lot about ABFS. I happen to know someone who knows the company like the back of his hand and he was confident they'd get the deal done. Best of luck on your future investments, short or long.